S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: The S&P 500 index and the Nasdaq 100 index have rebounded from key support. Oversold conditions, light positioning, and positive seasonality raise the bar for a material downside from here ahead of the upcoming earnings season. What are the outlook and the key levels to watch in
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, S&P 500, Russell 2000 Analysis and Charts FTSE 100 tries to recover from one-month low The FTSE 100 is seen heading back up towards its 55-day simple moving average (SMA) at 7,521 while awaiting key US employment data.If overcome, another attempt at reaching the
Gold and Silver: Near-Term Technical Update Gold and silver prices take a breather from losses This is allowing support levels to be reinforced What are key levels to watch in the event of breakouts? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast XAU/USD Analysis In recent days, gold and silver prices have pressed the
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones 30, DAX 40, Nasdaq 100 Analysis and Charts Dow fails to build on Wednesday’s recovery The index rallied off its lows yesterday, after heavy losses on Tuesday and Wednesday.Bulls now need to push the price back on above 33,230 to indicate that a low might
Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar on course for worst week since mid-June Retail traders continue to build increasingly bullish exposure AUD/USD breaks under key support, more pain to come? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is on course to drop about
In the fast-paced world of financial markets, traders are constantly seeking an edge to make informed decisions and maximize their profits. One valuable tool that can significantly enhance your trading strategy is the Fractal Support and Resistance MT4 Indicator. In this article, we will explore this powerful indicator, its significance in technical analysis, and how
Let’s get this out of the way first, although no Speaker has ever held the role without being a sitting member of Congress, its not a requirement. An outsider can be drafted in. Trump is getting some support from some Republican members, Marjorie Taylor Green among them, following the removal of Kevin McCarthy late on
Gold, Silver Analysis Recommended by Richard Snow Get Your Free Gold Forecast Higher Rates, Yields, USD and now More Job Openings too A shock surprise in US job openings data revealed that more than 9.6 million jobs in the US have gone abegging. The consensus estimate hinted at only 8.15 million as the job market
Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change direction, and begin to fall. Resistance is often viewed as a “ceiling” keeping prices from rising higher. If price
Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast Another push higher in Treasury yields kept risk sentiments broadly in check, as the US 10-year yields surged to touch another new high since 2007 at 4.68%. A lesser-than-expected contraction in US manufacturing purchasing managers index (PMI) reading (49 vs 47.8 est), along
